How Can You Save More?

December 19, 2018
People are hardwired to value earning money more than saving it. In this episode, Mark Riepe and Carrie Schwab-Pomerantz discuss both saving and spending strategies.

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After you listen

  • To read more about saving and planning from Carrie Schwab-Pomerantz, visit Schwab.com/AskCarrie.
  • It helps to document your goals. You can talk to Schwab about creating—and sticking to—a financial plan. Call us at 800-355-2162 or visit a branch near you.
  • To read more about saving and planning from Carrie Schwab-Pomerantz, visit Schwab.com/AskCarrie.
  • It helps to document your goals. You can talk to Schwab about creating—and sticking to—a financial plan. Call us at 800-355-2162 or visit a branch near you.

A recent report shows that 26% of all workers have saved less than $1,000 for retirement and 64% have saved less than $100,000. In this episode, Mark Riepe talks with Carrie Schwab-Pomerantz about ways to overcome some common mental blocks to saving more—and to put savings on autopilot.

  • You can read more about how much American workers have saved at the Employee Benefits Research Institute.
  • The study "How Much Should People Save?" shows that more than half of workers are considered "at risk" of not being able to maintain their standard of living in retirement.
  • See if you are on track to meet your savings goals with Schwab's Savings Calculator.

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Important Disclosures

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

Investing involves risk, including loss of principal.

Past performance is no guarantee of future results.

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